On the Trail: Stadium bill will be shipped to a deeply skeptical aldermanic committee

[Sherman A1]

It’s fair to say last week produced plenty of copy about St. Louis’ proposed riverfront football stadium. There was a $158 million naming rights deal, the approval of Brownfield tax credits and questions about how much the facility will actually cost.

What last week didn’t deliver, though, was the introduction of legislation at the Board of Aldermen detailing the city’s share for the $1 billion project. The confusion and delay comes as owners are apparently getting antsier and antsier about the stadium’s funding particulars, even though it’s not clear if St. Louis Rams owner Stan Kroenke has enough support to move his team to the Los Angeles area.

But even though aldermen don’t have a bill yet, they’ve pretty much selected a venue for committee hearings. St. Louis Board of Aldermen Lewis Reed said on Friday that he’d probably send the legislation to the Board’s Ways and Means Committee, which is lead by Alderman Steven Conway, D-8th Ward.

http://news.stlpublicradio.org/post/trail-stadium-bill-will-be-shipped-deeply-skeptical-aldermanic-committee

[rurallib]

1. That is about the ultimate form of welfare -

building a workplace for a company. If it is private enterprise, then they should use their own money.